DRHP

Also known as: draft red herring prospectus, rhp, red herring prospectus

The Draft Red Herring Prospectus is the document a company files with SEBI ahead of an IPO: business model, financials, risk factors, promoter details and how the money will be used — everything except the final price and dates. It is the single best source for researching an IPO, and the “Risk Factors” section is where the honest reading starts.